Market News

FM: The impact of the extension of the Russian embargo on Hungarian agro-exports is negligible

The expansion of the Russian embargo has a negligible impact on Hungary’s exports to Russia – the Ministry of Agriculture (FM) told MTI on Monday. According to their information, the...

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NFM: the consumer protection checks in e-commerce brought significant improvements

The proportion of web stores with consumer infringement violations has dropped to 14 percent from the previous 54 percent this year. The significant improvement is due to the adoption of...

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The aim of the government is to give more and more tasks to the agrarian chamber

The aim of the government is to give more and more tasks to the National Chamber of Agriculture (NAK) – Lázár János, Minister of the Prime Minister’s Office said at...

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Cisco: the number of Internet users to increase by 1 billion in four years

According to Cisco’s forecasts, the number of Internet users will increase by 1 billion in four years, from last year’s 3.6 billion to more than 4.6 billion users in the...

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New flavors have been identified by Australian researchers

A possible seventh flavor, carbohydrate has been identified by Australian researchers who are trying to reveal how this flavor is related to the consumption of starchy foods. “This is typically...

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The German ifo business sentiment index at record level

Instead of the expected minimal deterioration, the October German business sentiment index of the Munich-based Institute for Economic Research rose significantly to record levels. The October business mood index rose...

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The trademark gives guidance to shoppers

Judit Szép, managing director of BioCo Magyarország Kft. told our magazine that her company is the only one among dietary supplement manufacturers with 10 products bearing the MÉKISZ trademark. It isn’t easy...

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Tork PeakServe™ Continuous™ Hand Towel System is setting a new standard for high-traffic towel dispensing

Our latest research** shows that dirty and overcrowded washrooms are the biggest problem at high-traffic venues. When asking over 3000 people across six countries about their experience at high-traffic venues,...

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Magazine: Wieners and frankfurters are purchased less often

In the first six months of 2017 Hungarian households purchased less wiener and frankfurter, because the number of buying occasions decreased. Nine from 10 households purchased the category in the examined...

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(HU) GKI: Rövidtávon kedvezőek a folyamatok

Sorry, this entry is only available in HU....

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The Croatian TOP10 has 82 percent of the market

The 10 biggest retail chains in Croatia had combined sales of EUR 3.72 billion in 2016, which constitutes an 82.1-percent market share. Konzum is still the biggest player with a...

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South Korean cosmetics at Unilever

Unilever is to spend USD 2.7 billion on buying a South Korean cosmetics manufacturer, in order to stay the fourth biggest player in the skin care market. Carver Korea’s sales...

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New Purina factory in the USA

Nestlé has announced that a new factory will start production in the USA, making Purina pet care products. The new production plant – the 21st Purina factory in the USA...

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The English like a German retailer the most

German discounter Aldi was voted the most popular retail chain of 2017 in the United Kingdom. In a voting organised by the magazine Good Housekeeping, the discount supermarket chain finished...

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Lidl is testing menu boxes in Switzerland

Lidl Switzerland is testing menu boxes: they deliver ready-to-cook meals to consumers’ homes. Customers can try a new recipe every week and only the freshest ingredients are used for the...

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Lavazza buys shares

cé Italian coffee company Lavazza has acquired an 80-percent share in Nims, a company that sells coffee capsules and coffee vending machines. The two companies started cooperating back in 1994....

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Premium water in Coca-Cola’s portfolio

Coca-Cola North America has announced the acquisition of Topo Chico, a premium category mineral water brand. The Mexican product will be made available all over the USA. There is a...

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Less wine produced in France than ever before in the last sixty years

This year less wine will be made in France than ever before in the last 60 year. In volume a 19-percent decline is expected: 36.9 million hectolitres of wine will...

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Successful quarter for Pepsi

In the 3rd quarter of 2017 sales by PepsiCo jumped 1.7 percent. From the Western markets sales only dropped in the USA, but even this decline wasn’t the result of...

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Milestone in the life of the Russian bear

Russia’s biggest retail chain X5 opened their 11,000th shop. The new 1,400m² supermarket is located in Moscow and sells 10,000 different products. In the 2nd quarter of 2017 X5’s sales...

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SPAR’s 21 million euro investment in Austria

SPAR Austria is building a new hypermarket in the shopping centre of Steyr. The EUR 21-million project will be completed by the end of 2018. 200 people will work in the...

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Profi continues to conquer Romania

Romanian retailer Profi will open 8 new stores in the country – in different retail channels. Two large stores will be built in Bucharest, while in other cities 100-230m² stores...

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Danone invests in a start-up

Frozen organic baby food manufacturer Yooji is now enjoying the financial support of Danone. The company’s artisan products are available in 600 shops. Yooji will remain independent: Danone feels it...

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From large to small in Poland

Polish wholesale chain Eurocash took over 188 Mila stores, for which they paid EUR 82 million. The move forms part of the wholesaler’s strategy to establish a supermarket chain that...

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Tesco’s lasting growth path

Compared with the first half of 2016, Tesco reported a 1.1-percent sales growth in the first half of 2017. The sales increase was the biggest in the UK and Ireland....

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Milk’s price going up

Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that the price of raw milk in Hungary was HUF 96.03/kg in September 2017....

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Dairy product prices kept rising in September

In September 2017 consumer prices were 2.5 percent higher on average than in September 2016. Food prices rose 3.1 percent, with butter and spread prices jumping 16.5 percent. Pork’s price...

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Sales were up in August

In August 2017 like-for-like retail volume sales augmented by 4.6 percent; adjusted for calendar effects, the sales growth was the same – reported the Central Statistical Office (KSH). Food and...

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Self-regulation: going at full speed

The Self-regulatory Advertising Board (ÖRT) does a lot for successful self-regulation in advertising. In the first three quarters of 2017 nearly 600 cases ended up at ÖRT to ask for...

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Czerván: the Hungarian agroexport can be doubled within ten years

The Hungarian agroexport can be doubled within ten years, so it can reach 15-16 billion euros – the Minister of State of the Ministry of Agriculture (FM) said on Thursday...

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